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21/03/19 07:39 UTC-4

The Tezos project has grown significantly and completed the first public vote

The Tezos blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
has just reached a new milestone and completed the first ever public vote. Recently, the market has been characterized by frequent price spikes on altcoins, which led to coins reaching double-digit income. In this growing list, Tezos also appeared, which grew by 20%.

Developed by Arthur Breitman, a former analyst at Morgan Stanley, Tezos (XTZ) was designed as a multipurpose platform that supports dApps and smart-contracts. Over the past 24 hours, the coin reports an increase in excess of 20%, with the result that the XTZ value reaches $ 0.598, and the volume of trade per day amounts to $ 8.5 million.

Some users believe that growth may be the result of adding coins to a Bitfi wallet.

Interesting in the section: Ethos and the democratization of digital money

 

The new frontier

March 20, 2019 is the date when Tesos reached a new frontier when the blockchain of a crypto-accounting book completed its first round of public voting.

However, more than half of the community decided to abstain from voting, while the Tezos Foundation decided to remain on the neutral side, not making any proposals to "contribute to the required quorum and raise the votes of others even more".

Interesting in the section: Basic principles of work of Tezos

The Tezos project announced the end of the first round of public voting. The purpose of the first public vote and further changes was: "testing the actual management process in the chain and creating a precedent for future updates and proposals of protocols".

Or, as Nomadic Labs CTO, Benjamin Canou, said: "The main purpose of this first vote is to demonstrate the amendment procedure itself and what it can achieve."

Editor: Yuliya Soroka

See also: "155 patents: Craig Wright continues to shock the crypto-community"

#project #Tezos #firstvote #blockchain

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